<blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex;"><div class="im">Shannon Lee writes:<br>
<br>
&gt; I would like to pay my membership 50 months in advance please kthnks<br>
<br>
</div>This could actually use the NPV formula.<br>
<br>
If Noisebridge has an interest-bearing account, it could be set up<br>
so that the amount of money Noisebridge actually has in the bank at<br>
time t as a result of your payment is the same as if you had paid $80<br>
at time t.<br>
<br>
<a href="https://secure.wikimedia.org/wikipedia/en/wiki/Time_value_of_money" target="_blank">https://secure.wikimedia.org/wikipedia/en/wiki/Time_value_of_money</a><br>
<br>
That is, maybe the proposal should be to offer members the option<br>
to pay the net present value of their membership over a certain<br>
number of months now, instead of paying their membership dues<br>
during that time. If the accounting is done properly, this should<br>
result in Noisebridge having _exactly the same amount of money_<br>
at the end of that period, as a result of interest payments from the<br>
bank.<br>
<font color="#888888"><br>
--<br>
Seth David Schoen &lt;<a href="mailto:schoen@loyalty.org">schoen@loyalty.org</a>&gt; | Qué empresa fácil no pensar en<br>
<a href="http://www.loyalty.org/~schoen/" target="_blank">http://www.loyalty.org/~schoen/</a> | un tigre, reflexioné.<br>
<a href="http://vitanuova.loyalty.org/" target="_blank">http://vitanuova.loyalty.org/</a> | -- Borges, El Zahir<br>
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